Banking on Malibu Colony

It's bad enough when a Malibu couple gets creamed by Bernie's outrageousness. It's even worse when the couple has to give up its Malibu Colony home to Wells Fargo. But now the LAT hears from neighbors that one of the bank's L.A. executives spent weekends in the $12-million beach house, hosting what the paper calls "eye-catching parties." See more at LABO.